Freehold Mixed-Use Investment – £400,000

97 Charminster Road, Bournemouth, BH8 8UH

A rare opportunity to acquire this freehold mixed-use investment property in a highly visible and busy secondary retail location on Charminster Road.

The property comprises a ground-floor licensed bar (MY Bar) with strong local trade and a self-contained 3-bedroom flat above, currently producing a combined income of £1,900 per calendar month (£22,800 per annum).

Investment Highlights

Freehold building with dual income streams

Current income: £1,900 pcm

Asking price: £400,000

Gross yield: approx. 5.7%

Reversionary income potential: £2,300–£2,400 pcm (flat provide circa £1,200–£1,300 pcm on re-let)

Reversionary gross yield: approx. 6.9%–7.2%

Busy suburban high street location with strong footfall and excellent amenities

Commercial tenant trading well with proven local reputation

Strong residential letting demand in the area

Property Features

Commercial (Ground Floor)

Well-established licensed bar with consistent trade

Positioned within a popular hospitality and retail strip

Excellent frontage and visibility

Licensing and fixtures in place for ongoing operation

Residential Flat (Upper Floors)

Spacious 3-bedroom self-contained flat

Separate access

Potential to re-let at market rents of approx. £1,200–£1,300 pcm

Ideal for residential tenant income uplift or owner occupation

Location

Situated on Charminster Road, a busy and well-served secondary high street in Bournemouth. The area benefits from a dense residential catchment, strong passing trade, excellent transport links and a broad mix of independent retailers, cafés, and services — making it an established location for both commercial operators and residential tenants.

Investment Summary:
97 Charminster Road offers a robust and diversified income profile with low management risk and upside repositioning potential. The property is well suited to investors, buy-to-let landlords or owner occupiers wishing to cont